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How flexible are labour markets in the CEECs? A macro level approach

Author

Listed:
  • Raul Eamets

    (Associate Professor of Economics, University of Tartu)

  • Epp Kallaste

    (PhD student, University of Tartu)

  • Jaan Masso

    (PhD student, University of Tartu)

  • Marit Rõõm

    (MA student, University of Tartu)

Abstract

This article analyses labour market flexibility in the Central and Eastern European countries (the CEECs). An empirical approach is taken that concentrates on macro level issues including labour protection, labour market policy and the role of trade unions in wage setting. The authors conclude that labour relations are not less strictly regulated in the CEECs than in the EU countries. Expenditure on labour market policy is relatively low in most CEECs. Decreases in wages, and especially decreases in nominal wages, indicate the flexibility of wages in the CEECs and the minor role played by the unions in the wage-bargaining process.

Suggested Citation

  • Raul Eamets & Epp Kallaste & Jaan Masso & Marit Rõõm, 2003. "How flexible are labour markets in the CEECs? A macro level approach," Transfer: European Review of Labour and Research, , vol. 9(1), pages 101-121, February.
    • Handle: RePEc:sae:treure:v:9:y:2003:i:1:p:101-121
    DOI: 10.1177/102425890300900109
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    References listed on IDEAS

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